IH Securities - Bindura Nickel Corporation Ltd. (BIND.ZW) Bindura 1H18 Earnings Update

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IH Securities

Bindura 1H18 Earnings Update

Nickel prices on the rise

Bindura reported a satisfactory set of results for the year ended 30 September 2017 where revenue growth contributed to a significant improvement in the bottom line. Tonnes milled for the period were 16.4% lower h/h at 171.6k tonnes vs. 205.3k tonnes in 1H17.

21/12/2017 3 EN

Underlying

Bindura Nickel Corporation Ltd.

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Provider

IH Securities

The Inter-Horizon Group (IH Group) is a company incorporated in Zimbabwe. IH Group is a proudly Zimbabwean home grown financial services boutique firm that offers brokerage (IH Securities) and advisory services (IH Advisory) to local and international clients. IH Group′s service offering is focussed on one principal market, Zimbabwe. IH Group was founded by Dzika Danha and Salim Eceolaza, with a vision to offer world class financial services to local and international investors wanting to invest in Zimbabwe. IH Group is an independent company that is majority owned by its employees.

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Analysts

IH Securities

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Bindura 1H18 Earnings Update

BAT Earnings Update HY18

IH Zimbabwe Equity Strategy, 2018

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